11 Mar Bitcoin $8000, Litecoin $49, Ripple $0.2100. Cryptocurrencies price prediction – Europea…
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Bitcoin (BTC) topped at $8,155 on Tuesday and resumed the sell-off to trade at $7,820 by press time. The first digital asset has lost 1.5% on a day-to-day basis, while its market share reduced to 64.2%. Notably, the coin has been moving within a short0term bearish trend amid expanding volatility.
Litecoin price advanced from $50.18 but formed an intraday high at $50.75. The selling pressure at $51 intimated the bulls who scattered as the price fell to $49.06 (intraday low). Litecoin needs to move past $49.97, $50.74 and $51.50 to escape the trappings set by the bears. $49.06 is the Fibonacci 38.2% one-day, $50.74 is the pivot point one-week support three and $51.50 is the previous day high. On the downside, support is observed at $48.95: The previous day low and the Bollinger Band 15-mins lower. The second support is seen at $48.43: Pivot Point one-month support one.
XRP/USD is changing hands at $0.2095 after an initial attempt…
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